How much is a home worth in ZIP code 98166?

The typical home in 98166 is worth $843,827, based on the Zillow Home Value Index.

Are home values rising in 98166?

Home values in 98166 are down 1.9% over the past year, and up 3.2% a year over five years.

What is the typical rent in 98166?

A typical home in 98166 rents for about $1,928 a month, a gross rental yield of 2.7%.

What is the property tax rate in 98166?

The effective property tax rate in 98166 is 0.8% — roughly $7,136 a year on a typical home.

ZIP code 98166 has a population of 22,082 and a median household income of $114,969.

HousingHandbookReference data

…

U.S. ZIP Code · WA98166

King County · Seattle-Tacoma-Bellevue, WA

Typical home value

$843,827^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -1.9%
5-year / yr: +3.2%
10-year / yr: +6.5%

Relative price

vs U.S.: +197.1%
vs metro: +23.0%
vs state: +67.7%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 98166 is worth $843,827 — 23.0% above the Seattle-Tacoma-Bellevue, WA median. Over the past year, values have fallen 1.9%. Homes here rent for a typical $1,928 a month — a 2.7% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,928^[2]
Gross yield: 2.7%^[2]
Cap rate: 1.6%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.8%^[3]
Typical annual tax: $7,136^[3]

#Climate risk

FEMA National Risk Index ratings for King County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Very High^[4]
Riverine flood: Very High
Coastal flood: Relatively Moderate
Wildfire: Relatively Low
Drought: Very Low
Heat wave: Relatively High
Hurricane: Not Applicable
Tornado: Relatively Moderate
Earthquake: Very High
Winter weather: Relatively High

#Who lives here

Population: 22,082^[3]
Median household income: $114,969^[3]

#Migration

Household moves in and out of King County over a year, from IRS tax-return data.

Net migration: -1,324^[5]
Moved in: 67,282
Moved out: 68,606

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 5
Elementary: 3
Middle: 1
High: 0

Sylvester Middle School
Middle · Grades 6–8 · Highline School District
548 students
Marvista Elementary
Elementary · Grades PK–5 · Highline School District
547 students
Gregory Heights Elementary
Elementary · Grades PK–5 · Highline School District
482 students
Seahurst Elementary School
Elementary · Grades PK–5 · Highline School District
404 students
Highline Public Schools Virtual Academy
Other · Grades PK–12 · Highline School District
182 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield2.7%

Net yield (after ~40% expenses)1.6%

Annual rent$23,134

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$4,267

Loan principal$675,062

Down payment$168,765

Total interest paid$861,004

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio2.89

Monthly cost to own$5,568

Monthly rent$1,928

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 36th percentile^[1]
Rental yield: 20th percentile^[2]
Property tax: 70th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 98166?: The typical home in 98166 is worth $843,827, based on the Zillow Home Value Index.
Are home values rising in 98166?: Home values in 98166 are down 1.9% over the past year, and up 3.2% a year over five years.
What is the typical rent in 98166?: A typical home in 98166 rents for about $1,928 a month, a gross rental yield of 2.7%.
What is the property tax rate in 98166?: The effective property tax rate in 98166 is 0.8% — roughly $7,136 a year on a typical home.
Who lives in 98166?: ZIP code 98166 has a population of 22,082 and a median household income of $114,969.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

98122 vs 98166 →
Seattle, WA
Typical home
$837,946
Gross yield
2.9%
98125 vs 98166 →
Seattle, WA
Typical home
$837,626
Gross yield
2.7%
98036
Lynnwood, WA
Typical home
$850,352
Gross yield
2.8%
98290
Three Lakes CDP, WA
Typical home
$851,823
Gross yield
3.0%
98155
Shoreline, WA
Typical home
$854,395
Gross yield
3.2%
98335
Artondale CDP, WA
Typical home
$869,891
Gross yield
3.4%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 98166 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · WA98166

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